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2425 Vermilion Rd, Duluth, MN, 55803

5beds
2baths
1,836sqft
$350,000
$191price/sqft
$2,461/moest. monthly cost
$98,440/yrincome needed

About This Home

Spacious Single-Family Rental with Strong Investment Potential Surrouned by woods in on a quiet street, thisawell-designed 5-bedroom, 2-bath single-family home is in excellent condition. The upper level features an open-concept layout with a bright living room, dining area, and kitchen—creating a seamless flow for everyday living and entertaining. You’ll also find three bedrooms and two full bathrooms on this level, providing comfortable and functional living arrangements. Downstairs offers even more space with two additional bedrooms, a large rec room perfect for added living or gathering space, and an oversized storage room—ideal for tenants needing extra flexibility. ***THIS PROPERTY MUST BE PURCHASED WITH 2417 Vermilion Rd*** The home is equipped with electric heat and an air exchanger, supporting efficiency and year-round comfort. With plenty of off-street parking, this property becomes even more attractive—especially when paired with the neighboring duplex at 2417 Vermilion Rd, offering a unique opportunity to expand your investment portfolio side-by-side. A spacious, income-ready property with added upside when combined with adjacent holdings.

Getting Around

10
WalkingCar-Dependent
29
TransitSome Transit
29
BikeSomewhat Bikeable

Schools

8/10
7/10
10/10
East Senior High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2003

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt Shingle
  • Construction materials: Vinyl,Frame/Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Dryer Hook-Ups,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Egress Windows,Partially Finished,Bedrooms,Family/Rec Room,Utility Room

Bathroom

  • Level: Main
  • Area: 32.469
  • Dimensions: 7.9 x 4.11

Bathroom

  • Level: Main
  • Area: 32.469
  • Dimensions: 7.9 x 4.11

Bedroom

  • Level: Lower
  • Area: 160.95
  • Dimensions: 11.1 x 14.5

Bedroom

  • Level: Lower
  • Area: 165.3
  • Dimensions: 11.4 x 14.5

Bedroom

  • Level: Main
  • Area: 87.87
  • Dimensions: 10.1 x 8.7

Bedroom

  • Level: Main
  • Area: 135.42
  • Dimensions: 11.1 x 12.2

Bedroom

  • Level: Main
  • Area: 131.08
  • Dimensions: 11.6 x 11.3

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 147
  • Dimensions: 10 x 14.7

Features

  • Kitchen Island,Foyer-Entrance
  • Finished area below ground: 732
  • Finished area above ground: 1,104

Foyer

  • Level: Main
  • Area: 19.5
  • Dimensions: 6.5 x 3

Heating

  • Heating features: Electric

Interior Area

  • Total interior livable area: 1,836 sqft

Kitchen

  • Level: Main
  • Area: 171.68
  • Dimensions: 11.6 x 14.8

Living Room

  • Level: Main
  • Area: 125.55
  • Dimensions: 15.5 x 8.1

Rec Room

  • Level: Lower
  • Area: 494.479
  • Dimensions: 17.11 x 28.9

Property

Details

  • Parcel number: 010387000190

Features

  • Levels: Split Entry

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: IRREGULAR 65FT FRONTAGE

Parking

  • Parking features: Common,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Strong Wind

FEMA Declared Disasters in St. Louis County and Minnesota

Fire
Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$182$2,184
Property Taxes $340$4,080
Electricity $170$2,050
Total$2,461$29,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,377/yr
40% on housing$73,830/yr
45% on housing$65,626/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 55803$217
St. Louis County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55803
St. Louis County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Listed for sale$350,000
2019-11-14Listing removed$2,000
2019-11-04Listed for rent$2,000
2003-10-23Sold$31,000

For Sale by Agent

AgentTracy Ramsay
BrokerageRE/MAX Results

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